OPINION/EDITORIAL

Oil Falls Again As OPEC Hits Rut

February 7, 2020/OilPrice.com Oil prices fell again on Friday as OPEC’s plans to deepen its production cuts hit a rut due to Russian hesitancy on the issue. Friday, February 7th, 2020 Oil prices fell back again on Friday, with WTI declining to $50 and Brent dipping below $55. Plans by […]

South Africa: Bridging the Income Divide

February 7, 2020/IMFBlog By IMFBlog South Africa suffers among the highest levels of inequality in the world. As our Chart of the Week shows, the country’s wealth is concentrated in the upper levels of society. The top 20 percent of the population holds over 68 percent of income, while the […]

Currency: Coronavirus Induced Oil Price Crash, FX Risks Rise?

Foreign flows into Nigeria have been relatively strong in 2020 so far Coronavirus fears risk hampering both oil and non-oil inflows Exchange rate should be stable until at least the end of H1-20, but further out, picture is bleak February 7, 2020/Cordros Report The wave of capital repatriation by foreign […]